CableRider

CableRider

Shorting here as expecting a risk off scenario for september to come. Fibs show a nice target. SL 10800

CableRider Updated 

With Yellen's speech tomorrow, this baby can move either way. I placed pending orders both side, with small positions. They'll probably both trigger, but I hope to catch the big move.

CableRider Updated 

With an incoming FOMC member's speech, we might see some strenght for the USDOLLAR, enabling a short scalp on EU with TP of 1.126 zone.

CableRider Updated 

We'll see upwards pressure on EU after bad US data in the coming days. A rate hike show is not for now which gives fuel to our long. We might see 1.13500 on the D leg or higher and then a correction back to the trendline which will act as support for the first bounce.

CableRider

Don't fight the central banks. With CB's buying market futures it's nearly impossible to short. If you're bear it's better to cash or buy gold futures. Small downside on DAX based on PA and bear divergence. Then long again to the previous head.

CableRider

The NFP smashed EU down, but candles closed within the upward pitchfork and with a strong 4h candle showing reversal signs. As the NFP was seasoned up, we don't need to add more into the mix to know that there will be no hikes until at least December. My view remains bullish and next week's EU GDP data can get us back above the descending trendline.

CableRider

EU is still bullish in my eyes and might have just corrected after the fast push up. It's in a bullish pitchfork atm and I believe we'll see a push through the descending trendline after tomorrow's NFP

CableRider

With bulls pressing hard on price upwards and fundamentals in favor of EU, we might see a break of the descending trendline.

CableRider

Bulls are running out of steam and fail to break the high. Short until 9930 zone.

CableRider Updated 

DAX will continue to go up until around 10300 zone. Short until fib .382

CableRider Updated 

EU has been in its downward pitchfork for some time now. Pressure has always been upwards scaring most shorters. With FOMC nearby, who'll fail to deliver, it's safe to assume a long on EUR. SL on 1.085. TP brexit highs.

CableRider

Fear is unleashed in the euro zone which confirms the downward trend in EU. Imo 1.09 zone will be the first resistance, maybe followed by a bounce and then downwards to 1.085

CableRider

With latest price action, one could say that there's a lot of pressure upwards for GU, with bears pressing down price each rally up. The bear zone has weakened with the latest price closures above the 1.4380 zone. First upward target is 1.448 followed by 1.460 as TP2. If bears get in control again, price might fall back to the supply zone of 1.410 - 1.400

CableRider

FX:EURUSD is showing some bull momentum after a bearish streak. With the bottom trendline intact and the longer downwards trendline, it has a possibility to break up. SL when it breaks down.

CableRider

AUDNZD might be changing it's momentum from the downside to the upside. The RSI has been slowly increasing and momentum is passing the 0 mark. If the pair can push past the resistance at 1.09 then we might see a nice move upwards to 1.1